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NYSE:CLS

Celestica (CLS) Stock Price, News & Analysis

$52.66
-0.01 (-0.02%)
(As of 05/21/2024 ET)
Today's Range
$51.92
$52.83
50-Day Range
$40.73
$52.66
52-Week Range
$11.13
$53.01
Volume
1.03 million shs
Average Volume
2.27 million shs
Market Capitalization
$6.26 billion
P/E Ratio
19.65
Dividend Yield
N/A
Price Target
$44.56

Celestica MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
15.4% Downside
$44.56 Price Target
Short Interest
Healthy
3.18% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.01mentions of Celestica in the last 14 days
Based on 19 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.89%
From $2.87 to $3.24 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.52 out of 5 stars

Computer And Technology Sector

225th out of 590 stocks

Printed Circuit Boards Industry

7th out of 10 stocks

CLS stock logo

About Celestica Stock (NYSE:CLS)

Celestica Inc. provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services. It also provides hardware platform solutions, which includes development of infrastructure platforms, and hardware and software design solutions and services which is used as-is or customized for specific applications; and management of program including design and supply chain, manufacturing, and after-market support, including IT asset disposition and asset management services. The company offers its products and services to original equipment manufacturers, cloud-based, and other service providers, including hyperscalers, and other companies in aerospace and defense, industrial, HealthTech, capital equipment, and communication and enterprise markets. Celestica Inc. was incorporated in 1994 and is headquartered in Toronto, Canada.

CLS Stock Price History

CLS Stock News Headlines

7 Great Growth Stocks You Need to Own Before 2025
Celestica (NYSE:CLS) Rating Increased to Buy at StockNews.com
Fox Advisors Initiates Coverage on Celestica (NYSE:CLS)
Celestica Sees Unusually Large Options Volume (NYSE:CLS)
Celestica: Close To Its Fair Value Already
3 Stocks That Could Turn $5K Into a Fortune
Celestica: Still Dirt Cheap (Rating Upgrade)
See More Headlines
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Company Calendar

Last Earnings
4/24/2024
Today
5/21/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Printed circuit boards
Sub-Industry
N/A
Employees
26,554
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$44.56
High Stock Price Target
$60.00
Low Stock Price Target
$23.00
Potential Upside/Downside
-14.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
$244.60 million
Pretax Margin
4.61%

Debt

Sales & Book Value

Annual Sales
$7.96 billion
Cash Flow
$3.86 per share
Book Value
$14.87 per share

Miscellaneous

Free Float
117,618,000
Market Cap
$6.21 billion
Optionable
Optionable
Beta
2.25
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Key Executives

  • Mr. Robert Andrew Mionis (Age 61)
    President, CEO & Director
    Comp: $4.01M
  • Mr. Mandeep Chawla (Age 47)
    Chief Financial Officer
    Comp: $1.77M
  • Mr. Yann Louis Etienvre (Age 50)
    Chief Operations Officer
    Comp: $1.28M
  • Mr. Jason Phillips (Age 49)
    President of Connectivity & Cloud Solutions
    Comp: $1.33M
  • Mr. Todd C. Cooper (Age 54)
    President of Advanced Technology Solutions
    Comp: $1.23M
  • Mr. Douglas M. Parker (Age 53)
    Chief Legal Officer & Corporate Secretary
  • Mr. Craig Oberg
    Vice President of Investor Relations & Corporate Development
  • Ms. Leila Wong
    Chief Human Resources Officer
  • Mr. Gavin Cato (Age 56)
    Head & CTO of Hardware Platform Solutions
  • Mr. Paul Carpino
    Vice President of Investor Relations

CLS Stock Analysis - Frequently Asked Questions

Should I buy or sell Celestica stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Celestica in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CLS shares.
View CLS analyst ratings
or view top-rated stocks.

What is Celestica's stock price target for 2024?

9 analysts have issued 12-month price objectives for Celestica's shares. Their CLS share price targets range from $23.00 to $60.00. On average, they expect the company's stock price to reach $44.56 in the next year. This suggests that the stock has a possible downside of 15.4%.
View analysts price targets for CLS
or view top-rated stocks among Wall Street analysts.

How have CLS shares performed in 2024?

Celestica's stock was trading at $29.28 at the start of the year. Since then, CLS shares have increased by 79.8% and is now trading at $52.66.
View the best growth stocks for 2024 here
.

Are investors shorting Celestica?

Celestica saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 3,730,000 shares, a decline of 26.3% from the April 15th total of 5,060,000 shares. Based on an average daily trading volume, of 2,290,000 shares, the short-interest ratio is currently 1.6 days. Approximately 3.2% of the company's stock are sold short.
View Celestica's Short Interest
.

When is Celestica's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our CLS earnings forecast
.

How were Celestica's earnings last quarter?

Celestica Inc. (NYSE:CLS) announced its earnings results on Wednesday, April, 24th. The technology company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.02. The technology company had revenue of $2.21 billion for the quarter, compared to analysts' expectations of $2.10 billion. Celestica had a trailing twelve-month return on equity of 18.25% and a net margin of 3.86%.

What guidance has Celestica issued on next quarter's earnings?

Celestica updated its FY24 earnings guidance on Wednesday, April, 24th. The company provided earnings per share (EPS) guidance of $3.30 for the period, compared to the consensus earnings per share estimate of $2.93. The company issued revenue guidance of $9.1 billion, compared to the consensus revenue estimate of $8.78 billion.

What is Rob Mionis' approval rating as Celestica's CEO?

94 employees have rated Celestica Chief Executive Officer Rob Mionis on Glassdoor.com. Rob Mionis has an approval rating of 63% among the company's employees. This puts Rob Mionis in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Celestica own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Celestica investors own include Aurora Cannabis (ACB), Quantum (QTM), Ballard Power Systems (BLDP), Portland General Electric (POR), NVIDIA (NVDA), Shopify (SHOP), AT&T (T), Advanced Micro Devices (AMD), Walt Disney (DIS) and Freeport-McMoRan (FCX).

Who are Celestica's major shareholders?

Celestica's stock is owned by many different retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (7.33%), Vanguard Group Inc. (3.63%), Whale Rock Capital Management LLC (3.18%), Acadian Asset Management LLC (2.21%), WCM Investment Management LLC (2.01%) and Guardian Capital LP (0.95%).

How do I buy shares of Celestica?

Shares of CLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CLS) was last updated on 5/21/2024 by MarketBeat.com Staff

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